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Futu News, September 29:$ROBOTECHNIK (03757.HK)$Allotment results announced: priced at HKD 436 per share, with a total issuance of 11.876 million shares. Each lot consists of 50 shares, and the stock officially lists today.
During the public offering phase, Robotico received 8.65x subscription. The final number of shares offered in the public tranche was 1.1876 million, accounting for approximately 10.00% of the total offering. A total of approximately 13,075 valid applications were received, with about 6,925 applications accepted. The approximate percentage of allotted shares for one-hand lot applications relative to the total applied shares was 35%.
Furthermore, during the international placement phase, Robotico received 5.97x subscription. The final number of shares in the international tranche was 10.6884 million, equivalent to 90.00% of the total offering. Futu has compiled the relevant data in the table below:


Company Overview
The Company's photovoltaic manufacturing solutions include: (i) photovoltaic manufacturing equipment, primarily consisting of automated equipment for PV cell production that performs functions such as silicon wafer loading and unloading; (ii) complete production lines, where the Company integrates its proprietary equipment with equipment procured from third-party suppliers as needed, along with related design, configuration, and installation services, to provide tailored complete solutions meeting specific customer requirements; and (iii) smart manufacturing systems, a software-centric solution built around the Company's proprietary R2FabMES platform to enable automated factory operations at customer production facilities.
The Company has a global business layout, enabling it to capitalize on opportunities for its products in the global market. The Company's employees engage in R&D, manufacturing, support, as well as sales and marketing activities across various locations worldwide. Through complementary production bases, R&D centers, and service networks, the Company has successfully integrated photonics expertise with renewable energy automation capabilities to provide comprehensive services to customers in major global technology innovation hubs.
Financial Overview
Revenue increased by 39.6% from RMB 142.2 million for the four months ended April 30, 2025, to RMB 198.6 million for the four months ended April 30, 2026. Gross profit increased by 149.0% from RMB 25.6 million for the four months ended April 30, 2025, to RMB 63.8 million for the four months ended April 30, 2026, while the Company's overall gross profit margin increased from 18.0% to 32.1%.

Use of Proceeds
Regarding the use of proceeds, Robotico expects net proceeds from the global offering to be approximately HKD 2.706 billion (calculated based on an offer price of HKD 436). According to the prospectus, Robotico intends to use the funds raised from the global offering for the following purposes:
Approximately 20.0% will be allocated to strengthening product and technology R&D and innovation; approximately 40.0% will be used to expand production capacity and improve delivery speed to meet the accelerating demand for high-performance computing and high-speed data transmission driven by AI; approximately 10.0% will be dedicated to building a global sales and service network to deepen customer engagement, expand market penetration, and enhance after-sales response capabilities in key regions; approximately 20.0% will be utilized for strategic investments and/or acquisitions to seize opportunities that offer synergies with the company's core business and strengthen its technology pipeline, product portfolio, and market access; and approximately 10.0% will serve as working capital and for other general corporate purposes, including daily operations and general corporate expenses, to provide financial flexibility during business growth.
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Edited by Vincent
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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